CFPB Rules Overturn Seen as Unlikely

Although the District of Columbia Circuit Appeals Court invalidated President Barack Obamas recess appointments to the National Labor Relations Board and potentially overturned the boards decisions since early 2012, credit unions shouldnt assume the ruling means the CFPB will meet the same fate, said NAFCU President/CEO Fred Becker.

By Heather Anderson|February 06, 2013 at 07:00 PM

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Although the District of Columbia Circuit Appeals Court invalidated President Barack Obama’s recess appointments to the National Labor Relations Board and potentially overturned the board’s decisions since early 2012, credit unions shouldn’t assume the ruling means the CFPB will meet the same fate, said NAFCU President/CEO Fred Becker.